In these times of financial crisis locally, nationally and globally most people are turning to alternative ways to invest and earn money. One way to do this is to invest on home improvement projects. These projects, if done correctly and well planned, can generate thousands of dollars to the overall value of your home. There are typically two main areas in the home that can bring an immediate increase in value.

These two areas are the kitchen and bathroom. The kitchen is a place that many people desire to have a lot of floor space, light and counter space. A lot of people want to have plenty of room to prepare and cook food, as well as entertain their guests.

Begin by taking a look at your floor plans, blueprints or layout. If space is an issue, consider taking out a wall. Be sure that it is not a load bearing wall, or you will need to add in reinforcement to it. Also envision adding more cabinets and counter space if it is necessary. Take a look at your flooring and lighting too.

There are several flooring options to consider. The most popular flooring material is ceramic tile. This material can be laid professionally or by the home owner. You can purchase it in many sizes, colors and patterns. It is also a product that is relatively affordable, especially if the floor space is not too large. Be sure that if you choose to do this yourself, that you follow the installation instructions.

Other popular flooring materials for the kitchen are laminate wood floors and linoleum. Again, both of these items can be laid by the home owner, or seek professional help. Next, think about lighting. There are hundreds of options here. If you do not have natural lighting from windows, then think about more overhead and under the cabinet lighting options. Lighting alternatives include, fluorescent, energy efficient, solar, recessed, canned and others.

One more thing to consider in the kitchen is fixtures. These include faucets, sprayers, disposals, appliances and electrical outlets. A lot of people really like stainless steel appliances, but many times these are not included in the price or value of the home. Having plenty of electrical outlets is a big plus.

In terms of bathroom improvements, flooring and lighting are also big considerations. Other things like adequate ventilation, cabinetry, storage and fixtures are also important to consider. Tubs, showers and toilet placement and condition are also things to be aware of.

Popular flooring choices include tile and linoleum. Many people are also installing laminate wood flooring, but this can be costly. This is because you have to buy the more expensive, water resistant and mildew proof materials. A nice touch that is really not much more in terms of expense is to add heating elements underneath your floor tiles. This adds extra warmth and comfort. Adequate ventilation is critical. Without it, your painted walls will crack and peal. You will also have mold and mildew issues in and around your tub or showers.